What's their favorite color?

Thank you.FHA rates are typically lower, you’re almost awlays going to be refi’ing into a higher interest rate.

It is typical to buy the land at about 20% of the end value of the property you will build and sell. 

Hello folks,Can someone share with me, what would be a typical or fair fee to charge for assigning a contract dealing with a wholesale deal.

The current financing on the first two is a typical 30 year traditional loan at 80% loan to purchase price and a rate of 4.99%. 

In my marker a 1% property would lose money every month.. you typically need higher return the lower the price, many expenses are the same or minimally different, regardless if the house is $20,000 or $200,000

You need more than just a payment.... investments typically need 15-25% down per property plus closing costs so that's usually what another 2% or so.

While listening to podcast #283 (which you should listen to in case you haven't), Paul mentions that when he wants to buy a house, he sends the homeowner a three-option letter of intent with the following options: Cash offer (percent of what property is worth minus repairs, typically 50% of after repair value, this is the lowest value offer of the three that are given)Owner financing (interest only, this is a higher offer)Owner financing (principal only, no interest, this is the highest offer)Option 1 is easy to understand, the ones I don't know how to apply are 2 and 3.

Our commercial lender typically offers a max amortization of 25 yrs.

I'm going to do my best to make sure this doesn't turn into a typical buy cash vs leverage debate.